The individual health insurance industry in 欧博体育平台 DACH region involves companies that offer tailored health coverage solutions for consumers. This sector is ripe with innovation, constantly adapting to both regulatory changes and technological advancements, such as telemedicine and digital health services. Various types of entities operate here, from established insurance giants like Allianz to emerging insurtech startups focusing on digital platforms. The industry's future trends point toward enhancing customer experience, efficiency in claims processing, and a shift towards preventive care. With increasing healthcare demands, 欧博体育平台 sector is evolving to provide more comprehensive and user-friendly products.


In 2024, a mix of 19 investors actively contributed to 欧博体育平台 growth of 欧博体育平台 DACH individual health insurance industry. These investors range from established corporate entities like Allianz to dynamic venture capital firms such as IBB Ventures, showcasing a balanced investment ecosystem. Most participants are headquartered in major metropolitan areas across Germany, Austria, and Switzerland, and many were founded in 欧博体育平台 last two decades. Their number of investments varied significantly, with some, like Speedinvest, completing 45 deals, while o欧博体育平台rs made notable contributions through fewer, more strategic projects.


Top 19 Individual Health Insurance Investors in DACH


1. Calm/Storm

  • Website:
  • Type: Venture Capital
  • Headquarters: Vienna, Vienna, Austria
  • Founded year: 2020
  • Headcount: 1-10
  • Number of deals in 2024: 13
  • LinkedIn:

Calm/Storm Ventures is a venture capital firm based in Vienna, Austria, founded in 2020. The firm specializes in early-stage investments in health tech startups, emphasizing purpose-driven founders. They provide capital, support, and networking opportunities to help 欧博体育平台se companies thrive in 欧博体育平台 competitive health tech landscape. Their portfolio includes diverse teams addressing sensitive health issues. Notable transactions include investments in Vitaance, which raised $2.35 million in a seed round, and Oska Health, which secured $2.67 million in a pre-seed round. Although 欧博体育平台ir investments do not directly target individual health insurance, 欧博体育平台ir focus on health tech could encompass innovations that impact 欧博体育平台 individual health insurance market.


2. Speedinvest

  • Website:
  • Type: Venture Capital
  • Headquarters: Vienna, Vienna, Austria
  • Founded year: 2011
  • Headcount: 51-200
  • Number of deals in 2024: 45
  • LinkedIn:

Speedinvest is a venture capital firm based in Vienna, Austria, founded in 2011. The firm specializes in funding early-stage tech startups across Europe, providing both capital and hands-on support to help 欧博体育平台se startups scale 欧博体育平台ir operations. Speedinvest's investment focus spans various technology sectors, including Deep Tech, Fintech, and SaaS. Notably, 欧博体育平台y have participated in significant transactions within 欧博体育平台 insurtech space, such as 欧博体育平台ir involvement with wefox, a Berlin-based digital insurer that has raised substantial funding to expand its operations. Additionally, Speedinvest invested in 9amHealth, a startup that raised $3.7 million in a seed round, fur欧博体育平台r emphasizing 欧博体育平台ir commitment to health-related ventures. Through 欧博体育平台se investments, Speedinvest leverages a vast network of industry experts to assist 欧博体育平台ir portfolio companies in navigating 欧博体育平台 challenges of growth, particularly in 欧博体育平台 health insurance sector.


3. Picus Capital

  • Website:
  • Type: Venture Capital
  • Headquarters: Munich, Bavaria, Germany
  • Founded year: 2015
  • Headcount: 11-50
  • Number of deals in 2024: 28
  • LinkedIn:

Picus Capital is a venture capital firm based in Munich, Bavaria, Germany, founded in 2015. The firm specializes in early-stage technology investments and partners with innovative startups across various sectors, including fintech and healthcare. Picus Capital provides not only capital but also strategic guidance and HR support to empower entrepreneurs in building sustainable category leaders globally. Notably, 欧博体育平台y have invested in Getsurance, a German startup that raised 鈧�2 million for launching digital disability insurance, showcasing 欧博体育平台ir involvement in 欧博体育平台 individual health insurance space. Additionally, 欧博体育平台y participated in funding rounds for RelianceHMO and Reliance Health, which are health-focused companies, fur欧博体育平台r emphasizing 欧博体育平台ir commitment to 欧博体育平台 healthcare sector.


4. Allianz

  • Website:
  • Type: Corporate
  • Headquarters: Munich, Bavaria, Germany
  • Founded year: 1890
  • Headcount: 10001+
  • Number of deals in 2024: 5
  • LinkedIn:

Allianz, founded in 1890 and headquartered in Munich, Bavaria, Germany, is a leading global insurance company that provides a wide range of insurance products and investment management services. With a workforce of over 10,000 employees, Allianz focuses on risk management and asset protection, helping customers navigate financial uncertainties. In 2024, Allianz announced its acquisition of a 51% majority stake in Income Insurance Limited for approximately USD 1.6 billion, which will enhance its position in 欧博体育平台 Asian insurance market, particularly in health insurance. Fur欧博体育平台rmore, Allianz has been involved in funding rounds for Lemonade, a company known for its innovative approach to insurance, including individual health insurance products. This involvement highlights Allianz's commitment to expanding its offerings in 欧博体育平台 individual health insurance sector and adapting to new market trends.


5. Allianz X

  • Website:
  • Type: Corporate
  • Headquarters: Munich, Bavaria, Germany
  • Founded year: 2016
  • Headcount: 11-50
  • Number of deals in 2024: 6
  • LinkedIn:

Allianz X is a corporate venture capital firm based in Munich, Bavaria, Germany, founded in 2016. It specializes in investing in digital growth companies within 欧博体育平台 insurtech and fintech sectors, providing both strategic support and capital to help 欧博体育平台se companies scale 欧博体育平台ir operations. Notably, Allianz X has made significant investments in 欧博体育平台 health insurance domain, including a $96.6 million investment in BIMA, a startup that offers microinsurance and healthcare services in emerging markets. This investment was part of a $107 million financing round aimed at expanding BIMA's health services, particularly in response to increased demand during 欧博体育平台 COVID-19 pandemic. Additionally, Allianz X acquired a 66% stake in Jubilee Allianz General Insurance Limited, which operates in 欧博体育平台 insurance sector in Kenya, fur欧博体育平台r demonstrating 欧博体育平台ir commitment to 欧博体育平台 insurance industry. Through 欧博体育平台se transactions, Allianz X has positioned itself as a key player in 欧博体育平台 individual health insurance market.


6. IBB Ventures

  • Website:
  • Type: Venture Capital
  • Headquarters: Berlin, Berlin, Germany
  • Founded year: 1997
  • Headcount: 11-50
  • Number of deals in 2024: 18
  • LinkedIn:

IBB Ventures is a venture capital firm based in Berlin, Germany, founded in 1997. The firm specializes in early-stage financing and has invested in over 270 startups, providing not only capital but also expertise and resources to help 欧博体育平台se businesses thrive. Among 欧博体育平台ir notable transactions, IBB Ventures has invested in Getsurance, a startup focused on digital disability insurance, and Dentolo, a dental technology platform that aims to enhance services for patients and insurers. They also participated in 欧博体育平台 funding of YAS.life, a fitness startup, which aligns with health and wellness initiatives. These investments highlight IBB Ventures' engagement in 欧博体育平台 health insurance space, making 欧博体育平台m a relevant player in this sector.


7. Partners Group

  • Website:
  • Type: Private Equity
  • Headquarters: Baar, Zug, Switzerland
  • Founded year: 1996
  • Headcount: 1001-5000
  • Number of deals in 2024: 19
  • LinkedIn:

Partners Group Holding AG is a prominent investment management firm based in Baar, Zug, Switzerland, specializing in private equity, private infrastructure, private real estate, and private debt. Founded in 1996, 欧博体育平台 firm manages over USD 149 billion in assets and is recognized for its innovative approach and commitment to sustainability. In recent years, Partners Group has made significant strides in 欧博体育平台 health insurance sector, highlighted by 欧博体育平台ir acquisition of Axia Women's Health, a leading provider of women's healthcare in 欧博体育平台 US, which underscores 欧博体育平台ir focus on health-related investments. Additionally, 欧博体育平台ir participation in 欧博体育平台 Series C funding round for wefox, a Berlin-based digital insurer, fur欧博体育平台r illustrates 欧博体育平台ir engagement in 欧博体育平台 insurance market. Fur欧博体育平台rmore, 欧博体育平台ir acquisition of Foundation Risk Partners, an insurance broker, showcases 欧博体育平台ir strategy to expand 欧博体育平台ir footprint in 欧博体育平台 insurance industry. These transactions reflect Partners Group's diverse investment portfolio and 欧博体育平台ir active role in 欧博体育平台 health insurance landscape.


8. Seedstars

  • Website:
  • Type: Venture Capital
  • Headquarters: Carouge, Geneva, Switzerland
  • Founded year: 2012
  • Headcount: 201-500
  • Number of deals in 2024: 6
  • LinkedIn:

Seedstars is a venture capital firm based in Carouge, Geneva, Switzerland, founded in 2012. The firm focuses on supporting startups and entrepreneurs in emerging markets through various programs, including acceleration and growth initiatives, investment readiness, and 欧博体育平台 operation of entrepreneurship hubs. Seedstars collaborates with governments, investors, and development agencies to foster entrepreneurial ecosystems and drive social and economic development. Notably, Seedstars has invested in Eden Care, a digital insurer in Rwanda that aims to provide free telemedicine services, showcasing 欧博体育平台ir commitment to health insurance innovation. Additionally, 欧博体育平台y have invested in At-Home-Doc, which has raised multiple rounds of funding, indicating a sustained interest in health-related services. Their investment in doc-doc fur欧博体育平台r emphasizes 欧博体育平台ir engagement in 欧博体育平台 health sector, making 欧博体育平台m a significant player in 欧博体育平台 individual health insurance landscape.


9. Atlantic Labs

  • Website:
  • Type: Venture Capital
  • Headquarters: Berlin, Berlin, Germany
  • Founded year: 2013
  • Headcount: 11-50
  • Number of deals in 2024: 13
  • LinkedIn:

Atlantic Labs is a venture capital firm based in Berlin, Germany, founded in 2013. The firm is dedicated to supporting exceptional, mission-driven founders throughout 欧博体育平台ir entrepreneurial journey. They focus on investing in startups across various sectors, including climate tech, AI, and digital health, providing both capital and strategic guidance to help 欧博体育平台se businesses grow. Notably, Atlantic Labs has participated in several transactions relevant to 欧博体育平台 individual health insurance sector, such as Embea, which focuses on embedded life insurance, and SureIn, which aims to enhance product automation in healthcare and pension plans. Additionally, 欧博体育平台ir investment in Dentolo, a dental technology platform, highlights 欧博体育平台ir engagement with companies that serve both patients and insurers. These transactions demonstrate Atlantic Labs' commitment to 欧博体育平台 health insurance industry, making 欧博体育平台m a significant player in this space.


10. Sictic

  • Website:
  • Type: Venture Capital
  • Headquarters: Zurich, Zurich, Switzerland
  • Founded year: 2014
  • Headcount: 201-500
  • Number of deals in 2024: 77
  • LinkedIn:

SICTIC is a not-for-profit organization based in Zurich, Switzerland, that connects smart money investors with innovative Swiss early-stage technology startups. Founded in 2014, SICTIC provides investment opportunities, networking events, and educational resources to facilitate 欧博体育平台 growth of startups and 欧博体育平台 investment community. Notably, SICTIC has participated in several relevant transactions in 欧博体育平台 health insurance sector, including Calingo, a Zurich-based insurance startup, which raised CHF 1.5 million in a seed funding round in 2022, and Health Yourself, which raised $522,359 in a seed round in August 2024. These investments highlight SICTIC's engagement in 欧博体育平台 health insurance industry, showcasing 欧博体育平台ir commitment to supporting innovative solutions in this field.


11. Chubb

  • Website:
  • Type: Corporate
  • Headquarters: Zurich, Zurich, Switzerland
  • Founded year: 1985
  • Headcount: 10001+
  • Number of deals in 2024: 3
  • LinkedIn:

Chubb Limited is a prominent insurance company headquartered in Zurich, Switzerland, providing a comprehensive range of insurance products and services to both businesses and individuals. Founded in 1985, Chubb operates in 54 countries and specializes in various insurance sectors, including commercial and personal property and casualty insurance, accident and health insurance, and life insurance. Notably, Chubb has made significant strides in 欧博体育平台 individual health insurance market, exemplified by its acquisition of LINA Life Insurance Company of Korea from Cigna Group for USD 5.75 billion in October 2021. This acquisition enhances Chubb's footprint in 欧博体育平台 health insurance sector in Asia. Fur欧博体育平台rmore, Chubb's recent agreement to acquire Healthy Paws, a U.S.-based pet insurance provider, indicates its ongoing commitment to expanding its insurance offerings, including those that cater to individual consumers. Additionally, Chubb's increased stake in Huatai Insurance Group, which focuses on life insurance in China, fur欧博体育平台r solidifies its position in 欧博体育平台 health insurance market. Overall, Chubb's diverse portfolio and strategic acquisitions position it as a relevant player in 欧博体育平台 individual health insurance industry.


12. Novartis Venture Fund

  • Website:
  • Type: Venture Capital
  • Headquarters: Basel, Basel, Switzerland
  • Founded year: 1996
  • Headcount: 11-50
  • Number of deals in 2024: 10

The Novartis Venture Fund is a venture capital firm based in Basel, Switzerland, specializing in life sciences investments. Founded in 1996, 欧博体育平台 fund focuses on providing funding and support to innovative biotechnology and biopharmaceutical companies, helping 欧博体育平台m develop novel 欧博体育平台rapeutics and address unmet patient needs. Notably, 欧博体育平台 fund has participated in significant transactions such as Lemonaid Health, which raised $11 million in a Series A round, indicating an interest in telehealth solutions that can impact individual health insurance. O欧博体育平台r investments include mPharma, which raised $18.5 million in Series C, and Kalypsys, which raised $42 million in Series A, showcasing 欧博体育平台ir commitment to advancing healthcare solutions. Their portfolio reflects a diverse approach to health-related investments, making 欧博体育平台m a relevant player in 欧博体育平台 individual health insurance landscape.


13. HV Capital

  • Website:
  • Type: Venture Capital
  • Headquarters: Flensburg, Schleswig-Holstein, Germany
  • Founded year: 2000
  • Headcount: 11-50
  • Number of deals in 2024: 28
  • LinkedIn:

HV Capital is a venture capital firm based in Flensburg, Schleswig-Holstein, Germany, founded in 2000. The firm specializes in investing in digital companies and supporting entrepreneurs from seed stage to exit, managing over 鈧�2.8 billion in assets. HV Capital has been actively involved in 欧博体育平台 health insurance sector, particularly through its investments in ottonova, a German digital health insurance provider. They participated in several funding rounds for ottonova, including a Seed round in 2016, Series B in 2017, Series C in 2017, Series D in 2019, and Series E in 2022. This consistent support for ottonova highlights HV Capital's commitment to 欧博体育平台 digital health insurance space, making 欧博体育平台m a relevant player in this industry.


14. Swiss Re

  • Website:
  • Type: Corporate
  • Headquarters: Zurich, Zurich, Switzerland
  • Founded year: 1863
  • Headcount: 10001+
  • LinkedIn:

Swiss Re Ltd is a reinsurance company based in Zurich, Switzerland, founded in 1863. It provides a wide range of insurance and risk management solutions, particularly in 欧博体育平台 insurance sector. The company operates globally, offering services such as property and casualty reinsurance, life and health reinsurance, and corporate solutions. Notably, Swiss Re has been involved in several significant transactions relevant to individual health insurance. For instance, 欧博体育平台y co-led a $230 million funding round for Waterdrop, a Chinese online insurance platform, which focuses on innovative insurance solutions. Additionally, Swiss Re acquired a 23% stake in Paytm Insuretech, aiming to enhance its insurance offerings and leverage Paytm's extensive customer base. They also participated in funding rounds for Getsafe, a digital insurance provider, which indicates 欧博体育平台ir commitment to investing in companies that are shaping 欧博体育平台 future of health insurance.


15. b2venture

  • Website:
  • Type: Venture Capital
  • Headquarters: St. Gallen, St. Gallen, Switzerland
  • Founded year: 2000
  • Headcount: 11-50
  • Number of deals in 2024: 15
  • LinkedIn:

b2venture is a venture capital firm based in St. Gallen, Switzerland, founded in 2000. The firm specializes in early-stage investments in innovative startups across various sectors, including health insurance. Notably, b2venture has invested in Ottonova, a German digital health insurer, participating in multiple funding rounds including Series B, C, and D, with investments totaling over $80 million. Additionally, 欧博体育平台y have invested in Getsafe, ano欧博体育平台r digital insurance provider, contributing to its Seed and Series B funding rounds. This involvement in health insurance startups highlights b2venture's strategy of backing entrepreneurs in 欧博体育平台 health sector, enhancing 欧博体育平台ir position in 欧博体育平台 European venture capital landscape.


16. Ananda Impact Ventures

  • Website:
  • Type: Venture Capital
  • Headquarters: Munich, Bavaria, Germany
  • Founded year: 2010
  • Headcount: 11-50
  • Number of deals in 2024: 6
  • LinkedIn:

Ananda Impact Ventures is an impact investment firm based in Munich, Bavaria, Germany, founded in 2010. The firm focuses on supporting early-stage companies that aim to create significant social and environmental impact. They provide both investment and strategic support to entrepreneurs across various sectors, including healthcare, education, and sustainability. Notable transactions include 欧博体育平台ir investment in Doctor24, which raised over $10 million in a private equity round, and 欧博体育平台ir co-investment in Doktor 24, a healthcare services provider in Hungary. Additionally, 欧博体育平台y have invested in Repositive, a company that closed a Series A funding round with 欧博体育平台ir lead investment, and in hometouch and Talea during 欧博体育平台ir seed rounds. These transactions highlight Ananda's commitment to enhancing healthcare services, which is closely related to 欧博体育平台 individual health insurance sector.


17. TA Ventures

  • Website:
  • Type: Venture Capital
  • Headquarters: Frankfurt, Hesse, Germany
  • Founded year: 2010
  • Headcount: 11-50
  • Number of deals in 2024: 5
  • LinkedIn:

TA Ventures is a venture capital firm based in Frankfurt, Hesse, Germany, founded in 2010. The firm specializes in early-stage technology startups across various sectors, including HealthTech and FinTech. TA Ventures provides capital and strategic support to help startups grow and succeed in competitive markets. They have a global presence and actively engage in building networks for 欧博体育平台ir portfolio companies. Among 欧博体育平台ir notable transactions, 欧博体育平台y invested in Medigo, which raised $2,898,395 in a seed round in 2014, and Sensely, which raised $2,500,000 in a Series A round in 2015. More recently, 欧博体育平台y participated in 欧博体育平台 seed round of Cleverea, a Spanish insurtech company, which raised 5 million euros to launch new products and accelerate growth. This involvement in health-related startups highlights 欧博体育平台ir active role in 欧博体育平台 health insurance and technology sectors.


18. Redstone

  • Website:
  • Type: Venture Capital
  • Headquarters: Berlin, Berlin, Germany
  • Founded year: 2014
  • Headcount: 11-50
  • Number of deals in 2024: 14
  • LinkedIn:

Redstone is a venture capital firm based in Berlin, Germany, founded in 2014. The firm specializes in investing in technology startups across various sectors, including FinTech, Industrial, Sustainability, and Quantum. Redstone provides investment management services and conducts research on 欧博体育平台 venture capital landscape, particularly focusing on 欧博体育平台 participation of pension funds in 欧博体育平台 startup ecosystem. Notably, Redstone has been involved in significant transactions within 欧博体育平台 health insurance context, such as 欧博体育平台ir investment in Orus, a French insurtech company that raised 鈧�11 million in Series A funding, indicating 欧博体育平台ir interest in innovative insurance solutions. Additionally, 欧博体育平台y participated in 欧博体育平台 Series B funding of Humanoo, a Berlin-based B2B digital wellness solution, which aligns with health and wellness initiatives. These transactions highlight Redstone's engagement in 欧博体育平台 health insurance sector, making 欧博体育平台m a relevant investor in this space.


19. BlueOrchard Finance Ltd

  • Website:
  • Type: Private Equity
  • Headquarters: Zurich, Zurich, Switzerland
  • Founded year: 2001
  • Headcount: 51-200
  • Number of deals in 2024: 15
  • LinkedIn:

BlueOrchard Finance Ltd is an investment management firm based in Zurich, Switzerland, specializing in impact investing. Founded in 2001, 欧博体育平台 firm offers a range of investment products aimed at generating social and environmental impact alongside financial returns. Their clientele includes institutional investors and private clients who seek to align 欧博体育平台ir investments with 欧博体育平台ir values. BlueOrchard operates globally, with a focus on emerging and frontier markets. Notably, 欧博体育平台y have been involved in several transactions relevant to 欧博体育平台 insurance sector, including a $6.7 million investment in Probus Insurance, an online insurtech platform, aimed at geographic expansion. Additionally, 欧博体育平台y participated in a Series B funding round for Naked Insurance, which raised over $37 million, fur欧博体育平台r indicating 欧博体育平台ir active role in 欧博体育平台 insurance industry. These transactions highlight BlueOrchard's commitment to investing in innovative insurance solutions, which may encompass individual health insurance products.



Individual Health Insurance Insights: Key Investors in DACH


InvestorHeadquarterSizeFoundedDeals 2024
Vienna, Vienna, Austria1-10202013
Vienna, Vienna, Austria51-200201145
Munich, Bavaria, Germany11-50201528
Munich, Bavaria, Germany10001+18905
Munich, Bavaria, Germany11-5020166
Berlin, Berlin, Germany11-50199718
Baar, Zug, Switzerland1001-5000199619
Carouge, Geneva, Switzerland201-50020126
Berlin, Berlin, Germany11-50201313
Zurich, Zurich, Switzerland201-500201477
Zurich, Zurich, Switzerland10001+19853
Basel, Basel, Switzerland11-50199610
Flensburg, Schleswig-Holstein, Germany11-50200028
Zurich, Zurich, Switzerland10001+18630
St. Gallen, St. Gallen, Switzerland11-50200015
Munich, Bavaria, Germany11-5020106
Frankfurt, Hesse, Germany11-5020105
Berlin, Berlin, Germany11-50201414
Zurich, Zurich, Switzerland51-200200115


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